Bail Bond Research Paper

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Need A Bail Bond? The Answer To X Questions About Them Has a friend or family member been arrested, and you’re now trying to come up with the cash to pay for their bail? Thankfully, you do not need to have all the money on hand to get him or her out of jail. Bail bonds are a great way to provide the court with collateral that will help get someone out of jail until their court date. You will want to know the answers to these questions before you move forward will getting a bail bond. What is the Price of a Bail Bond? A bail bond is essentially a small loan in exchange for paying a premium on the bail amount you need. Most states have their own limits to how much a bail bond premium can be, but Texas does things a bit differently. Each county is responsible for regulating the maximum premium for a bail bond. Let a bondsman know how much money you need for …show more content…

The bail bond business can be quite risky, because getting back the bond amount depends on the accused person showing up for their court date. If the accused person jumps bail and does not show up for court, the bail amount is forfeited to the court. It is the reason why bail is required for early release, and why a bondman will require collateral for your bail bond. Collateral is determined on a case-by-case basis. A bondman considers how long the accused person has been living at their current home, how long they’ve been employed, their credit rating, and even any past criminal history. If the bondsman feels that the person will show up for their court date, the bondsman might not require collateral at all. For situations that do require collateral, you could use jewelry, stocks, bonds, automobiles, and property. The collateral is returned after the case is closed and the bail amount is returned. In situation where a person is given probation for their crime, the bail amount is returned and not tied to the probation sentence being completed. Can the Bail Amount Be

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